The Portland Trail Blazers have found a trade to create some extra roster room, agreeing Saturday to deal guard Jerryd Bayless to the New Orleans Hornets for a conditional future first-round pick, according to sources close to the situation.

Sources with knowledge of the deal told ESPN.com that Bayless -- who has struggled for playing time in Portland despite flashes of scoring talent in his first two NBA seasons -- is headed to Chris Paul's squad in the second trade swung for backcourt depth by new Hornets general manager Dell Demps.